KDakotaFund (23.27)

Peter Grandich - Not There Yet (Market Update, August 22, 2012)

7

Gold – Once again we’ve risen close to a key level for gold but I must remind some “yet again” we’re not in a new up-leg until if and when (more like when)we get two consecutive closes above $1,650. Gold’s technical picture is quite bullish but rest assured the “bums” shall attempt one of their raids as sure as Canuck fans are already getting their Stanley Cup-2013 hats ready.